In March, the fleet absorption from vessel delays was 5.7% of the global fleet, translating to an improvement from the recent peak of 7.5% in January, according to the latest report by Danish shipping data analysis company Sea-Intelligence.
“When vessel delays occur, a percentage of the global vessel capacity is effectively absorbed and hence unavailable to the market,” explains Alan Murphy, CEO of Sea-Intelligence, adding that “historically, this percentage has tended to be within 1%-3%, with a...
https://container-news.com/improved-vessel-delays-may-release-more-capacity-sea-intelligence/